St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-09-06
The COMMERCIAL RECORD.
On the Chicago Board of Trade the Mar
kets Generally Opened Steady
Yesterday.
Business Was Far From Brisk Owing to
the Quiet That Prevailed at
Other Points.
What Was Done in Provisions---Quota-
tons From Various Leading
Markets.

CHICAGO, Sept. 5.-There were few indi-
cations on the curb this morning as TO how
the market would open. Had the closing
hours of Friday and Saturday not been so
diScouraging to the bull side. they would
have gone into the pits this morning ready
for raid. The wheat movement for two
months has been favorably compared with
last year; showing decrease in the visible
supply for July and August of about 5000
600 bushels, while the same months in 1886
showedan increase of nearly three times that
amount. There are no neweor forcible argyll
ments TO change corn much this week more
than last. Foreign advices were favorable to
holders and corners. Wheat trading began
nj 1880. There was show of great activ-
lty. but the volume of business was not
great, and prices started out without
disturbance. Wheat aud corn opened at
Saturdays closing figures and oats point
under. October wheat sold between 70+S@
7O7Se, and May opened at 1859. October
corn opened at 414c, but showed signs of
weakness, selling shortly at 4lc. May sold
at 445s04434c. May oats opened at 29s4c
and went to 295sc. Ribs sold at $40 and
lard at S6.40 for the October delivery. The
latter part of the session was dull beyond
comparison. The activity of the early hours
failed 10 send prices outside of &c range for
wheat. corn or oats. The prevailing prices
for the day were 70Slc for October wheat,
IL l4c for October corn, and 2412c for october
oats. May sold steadily at or near soc for
wheat; 44S4c for corn, and 24s4c for oats
The closing prices were, October wheat 70S4
@707Sc; October corn 41l2e: October oats
247sc; October ribs, $500; October lard
S6.42l2.
THE ROUTINE REPORT.
CHICAGO. Sept. 5.-The markets opened
steady to-day. substantially where they closed
on saturday. but business was far from brisk,
owing TO the prevailing quiet in other large
markets and the disposition TO wait until
the visible supply statement is announced
which Will not occur until tomorrow. De-
tober wheat started at T05sI 10S4c. The only
visible figures meeting with any sort of
credence put the decrease this week at 700,-
900 btl, or possibly shade above. The fig
ures were not large enough to give any de-
cided strength. The entire range was within
l2c. between 70sSc and 7075. Toward the
latter part OF the session ii was very steady
at 10S4c. October wheat firmed up on the
afternoon board and closed at 71Ac asked.
Corn was sluggish all day after the first half
morning session, when operators who had
been selling short suddenly under
took TO cover to be i'll shape for the visible
supply report tomorrow, when prices moved
"a IRON SSC " t2C anu ClIoeu ABOUT b4c Detler
than on Saturday; October opened at 41I4c,
sold down to lie. afterwards steadied at
4l4c and ut the close firmed up TO 4I5s@
4ls4c; May sold at 445sc early. became
steady at 44s4@447Sc, and at the close was
advanced 10 10 4c. Oats were rather slow
and offerings were in excess of the demand.
This and an easy market for corn influenced
speculation and caused futures to rule
weaker and slightly easier, but toward the
close firmer feeling prevailed: October
opened at 24l2e, declined to 24sSc and closed
at 247Sc. Outside of a little activity i'll short
ribs sides during the.latter part of change
an exceedingly quiet day was passed in the
provision market-neither buyers nor
sellers were inclined to trade to any extent
Outside influences were meagre. Hogs were
higher. while Liverpool markets exhibited
a reduction of pence in lard, and the prin-
clpat Eastern markets were closed on account
OF holiday. Orders from outside parties
were small, and local operators were not i'll
cllned to do much business. Prices for pork
and lard were steady. while short ribs sides
ruled higher. Inquiry for shipment was
moderate in the way of filling small ORDERS
but buyers were slow to pay former prices
and trading was somewhat limited. The re-
ceipts of products were fair, and the ship
ments of ali kinds unusually heavy. Stocks
are, being reduce rapidly. October lard
sold at S6.40@6. 45, and closed steady at
So 40: October short ribs opened at SIS. 40,
declined to SS.47I2, advanced to SIS go, de-
ellned to So 31l2, reacted and closed steady
at $500 lear mess pork was quiet and
nominal at S11. S0l111. SIS.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat, NO. 2, September. 69c, closing at
69$8c: October, 7o5sc, closing at 714c: No
vember, 72l2c, closing at 72a4c; December.
1880, closing at 744c. Corn. No q Sep
tember, 4O34c, closing at Ale; October Al 14c
closing at SEC: November, 41ssc, closing
at 42c: May, 44ssc closing at 45Ac Oats
No. 2 September, 23Ssc, closing at 24c; oc
tober, 24l2c, closing at 247Se; November,
at 3Oc. Mess pork, per bbl, year, S1175;
January, Sl2.37l2, closing at $3.50 Lard.
per 100 lbs, September, S64O, closing at
S6.42l2: October, S6.40, closing at So. 40:
November, So. 42l2, closing at Sc. 40; Janu-
airy, $3.50, closing at Sc 52l2. Short ribs,
per 100 lbs, September $50, closing at
$3.50; January, s6.4o, closing at Sc. 45 '
Cash quotations were as follows: Flour
ruled quiet and demand was limited; prices
were unchanged and firm. Wheat-No. .
spring, 69lsc; No. 3 spring. 66c; No. 2 red.
69l2c: Corn-No. 2, 4075c. Oats-No. 2, 24c.
Rye-No. 2, 44I2c. Barley-No. ., soc. Flax
81 36@2 81; Pork1dMesss, per bbl. S15@
Short ribs, sides Qoose). SS.55@S.57; dry
sailed shoulders (boxed), S5.25@5 IS: short
clear sides (boxed), SIS. S5@S 90. Whisky
Dlstillers' finished goods, per gal ST. IO.-Su-
gar-Cut loaf, 6ssc; granulated, 61ac; stand
ard A, 6Isc. Receipts-Flour, 10000 bbls:
wheat $4,000 bu; corn, $4,000 bu: oats.
2,35l 600 bu; rye. 1000 bu; barley, $1,000
$4,000 blu; corn, 354 900 bu; oats, 2S5, 900
bu; rye, 1000 bu; barley, $4,000 Blu. On
the produce exchange to day. the butter mar.
ket was weak at 14M22c for creamery. 100